ORGANON & CO (OGN) Technical Analysis
NYSE:OGN • US68622V1061
Current stock price
OGN Technical Rating and Analysis
Overall OGN gets a technical rating of 0 out of 10. OGN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 92% of all other stocks performed better in the past year than OGN.
- OGN is part of the Pharmaceuticals industry. There are 193 other stocks in this industry, of which 69% are performing better than OGN.
- OGN is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so OGN is lagging the market.
- In the last month OGN has a been trading in the 5.76 - 8.24 range, which is quite wide. It is currently trading near the lows of this range.
- OGN has an average volume of 4993410 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
OGN Weekly and Daily overview Charts
OGN Setup Rating and Analysis
The technical rating of OGN is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
OGN Support and Resistance Analysis
6.03
We can see 5 important resistance areas.
- Resistance @6.40 from a horizontal line in the daily time frame.
- A resistance zone ranging from 6.67 to 6.69. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @8.23 from a trend line in the weekly time frame.
- Resistance @8.69 from a trend line in the weekly time frame.
- Resistance @9.10 from a trend line in the daily time frame.
OGN Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for OGN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OGN is down. |
| ChartMill Relative Strength | 8.51 | NEGATIVE | OGN has a low relative strength, it was outperformed by 91.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OGN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OGN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OGN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.42 | OVERSOLD | The low RSI value suggests OGN may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests OGN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.31 | OVERSOLD | The low Stochastics value suggests OGN may be oversold. |
| Average True Range in percent/ATR (20) | 4.46 | MEDIUM VOLATILITY | The ATR as a percentage value for OGN suggests some volalility. |
| Average Directional Index/ADX (14) | 37.17 | POSITIVE | The high ADX value value for OGN suggests a strong trend. |
OGN Chart- and CandleStick Pattern Analysis
OGN Technicals: Chart, Performance Metrics, Trend & Indicators
6.09
+0.06 (+1%)
ORGANON & CO / OGN TA FAQ
Can you provide the ChartMill technical rating for ORGANON & CO?
ChartMill assigns a technical rating of 0 / 10 to OGN.
What is the current trend direction of ORGANON & CO (OGN) stock?
The current trend direction for ORGANON & CO (OGN) is Bearish.
What is the RSI signal for OGN stock?
ORGANON & CO (OGN) has an RSI value of 29.4206. This indicates that the stock is currently oversold.
Can you provide the MACD signal for ORGANON & CO?
The MACD indicator for ORGANON & CO (OGN) has a value of -0.0145596, indicating a bearish trend.
What are the support and resistance levels for ORGANON & CO (OGN) stock?
ORGANON & CO (OGN) has a resistance level at 6.4. Check the full technical report for our detailed analysis of OGN support and resistance levels.